[This article is taken from chapter 19 of The Ethics of Liberty. The full audiobook is available for download.]

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Every once in a while, Mises is accused of having been a fascist by slanderers who are either ignorant or acting in bad faith—or even both. The petty argument these detractors bring forth is a quotation taken—out of context—from Mises’s 1927 book Liberalism:

When I first discovered Cato’s Letters, it had a profound influence on me. Even after spending years of serious reading and growth on my belief in liberty, I knew nothing about them from my educational training and little more from my reading to that point. Not only did I find a wealth of wisdom there, I also found that many of our founders’ ideas and inspirational words that I had discovered also traced back to them.

Even those in the nonfinancial media have noticed the skyrocketing price of gold this year.

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